Crypto Blog
Spot Bitcoin exchange-traded funds have continued to capture the attention of investors in the United States after a brief hiccup. These funds have resumed positive flows, marking the fourth consecutive day of net inflows, concluding March on a strong note., the latest figures contributed to a cumulative net inflow of almost $12.13 billion.
On the other hand, the Grayscale Bitcoin Trust witnessed continued net outflows as usual, shedding nearly $105 million from its product, which was the lowest since March 12th. With this development, HashDEX has become the eleventh player to enter the competitive landscape, largely controlled by two major players – BlackRock and Fidelity., BlackRock CEO Larry Fink expressed his pleasant surprise regarding the performance of the spot Bitcoin ETF offered by his firm. He reaffirmed his strong optimism about the leading crypto asset’s long-term prospects and highlighted that he is “very bullish” on its viability.
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